CEO Craig Foster on #ONDO’s expansion plans ?? More US & European contracts ahead? ?? In the UK, water damage claim costs have nearly doubled - strengthening Ondo’s business case despite lower home insurance costs
Ondo InsurTech Plc
IT 服务与咨询
On a mission to become the world leader in claims prevention technology for home insurers
关于我们
Ondo InsurTech Plc is on a mission to become the world’s leading provider of claims prevention technology for home insurers. Ondo’s focus is on the global scale-up of LeakBot – an end-to-end internet of things solution which protects homes from the impact of water damage. Water damage is the single biggest cause of home insurance claims, accounting for $17bn of claims every year in the USA and UK combined. LeakBot is a patented self-install solution that connects to the home wireless network and, if it detects a leak, notifies the customer via the LeakBot mobile app and provides access to a team of expert LeakBot engineers to ‘find and fix’ the problem. Recent independent research by Consumer Intelligence found LeakBot can reduce the cost of water damage claims by 70%. LeakBot partners with 11 insurance carriers - including Admiral, Direct Line Group, Hiscox, Mapfre and TopDanmark - across 5 different countries, in Europe and the USA. In March 2022 LeakBot became the first InsurTech to IPO in London, as Ondo InsurTech Plc (LSE:ONDO).
- 网站
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https://www.ondoplc.com
Ondo InsurTech Plc的外部链接
- 所属行业
- IT 服务与咨询
- 规模
- 11-50 人
- 类型
- 上市公司
- 创立
- 2021
Ondo InsurTech Plc员工
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Andy Morrison
Experienced Chairman, Director and Advisor of Junior Public Companies
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Andy D.
Information Security Manager at Ondo InsurTech Plc. High-achieving Information Security Manager with over 30 years’ Information Security and IT…
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Bruno Roy D
Product Leader at Ondo Insurtech plc
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Craig Foster
CEO Ondo InsurTech Plc
动态
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#ONDO anticipates announcements of new US and European deals says CEO Craig Foster to StockBox. ??All partners have seen positive #LeakBot results and are expanding their programmes geographically ??Ondo aims to become a US industry standard for preventing water damage claims
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Catch our North American General manager Jim Strickland at InsurTech Denver #ONDO #LEAKBOT
2025 Installment of our Annual Webinar on the intersection of Smart Home and Home Insurance
Smart Home Insurance
www.dhirubhai.net
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#ONDO CEO Craig Foster shares the strong financial gains from our latest strategies. ?? ￡2.5M boost from exercised investor warrants ?? Strengthened financial position ?? Poised for major growth! ?? #LeakBot
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CEO Craig Foster highlights #ONDO's strong growth in customer numbers and revenue to Proactive. ??Revenue is forecasted to increase by 70% year-on-year, with a significant final quarter growth of 90% to approximately $7.5 million, driven primarily by the US market #LeakBot
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#ONDO PURE Insurance adds 6 new states to its #LeakBot program including Indiana, North Carolina, New Jersey, Ohio, Pennsylvania and Washington. ?? Click here to read: https://lnkd.in/dim3avJa
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#ONDO Highlights video from our Trading Update & Outlook RNS?? ??Accelerated growth driven by the U.S. ??Strong growth in the UK and Denmark ??Signed Top 6 U.S. Personal Lines insurer to launch into four states ??Well-positioned for success in FY 2026 and beyond
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#ONDO is pleased to provide a trading update for the year ending 31 Mar 2025. ??Adoption of #LeakBot by insurance companies has significantly accelerated ?? The scale-up of U.S. operations continues to exceed expectations ??Strengthened cash position & continued growth momentum Click here to read: https://lnkd.in/ggDduQ5W
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#ONDO Top 6 Personal Line Insurer to pilot #LeakBot in 4 U.S. states Details in the RNS: https://lnkd.in/gfZ3FhGj